Stock / Symbol: iShares Russell 2000 Index / IWM; Option Strategy: [private_monthly]double calendar[/private_monthly]; Trade entry date / price: 29 Feb / $103.70 Price at trade post: $109.56; Current Position: Long 1 IWM MarWk4 105.5 call Long 1 IWM MarWk4 100.5 put Short -1 IWM Mar16 105.5 call Short -1 IWM Mar16 100.5 put Reasoning: With […]
Stock / Symbol: Facebook Inc / FB; Option Strategy: [private_monthly]iron condor[/private_monthly]; Price at trade post: $108.12; Reasoning: I’m expecting some stability in FB and using an [private_monthly]iron condor [/private_monthly]that is just a bit beyond FB’s expected deviation by March expiration. The current Greeks on this slighly negative delta trade are: -2.2 delta, 1.7 theta, and […]
Stock / Symbol: SPDR S&P 500 ETF / SPY; Option Strategy: iron condor; Trade entry date / price: 4 Feb / $191.39; Price at trade post: $191.86; Position: short -1 SPY Feb16 199 call long 1 SPY Feb16 200 call short -1 SPY Feb16 183 put long 1 SPY Feb16 182 put Reasoning: With SPY […]
Stock / Symbol: Apple Inc / AAPL Option Strategy: Iron Condor; Trade entry date / price: 4 Feb / $95.76 Price at this post: $96.32 Position: short -1 AAPL Feb16 102 call long 1 AAPL Feb16 104 call short -1 AAPL Feb16 90 put long 1 AAPL Feb16 88 put Reasoning: With AAPL trading smack […]
Stock / Symbol: SPDR S&P 500 ETF / SPY; Option Strategy: [private_monthly] iron condor[/private_monthly]; Price at trade post: $191.39; Reasoning: Putting on an[private_monthly] Iron Condor[/private_monthly] on SPY with February expiring options.. This trade currently has a delta of -0.90, a positive theta of 1.4 and a negative vega of -2.5. This trade has a 81% […]
Stock / Symbol: Apple Inc / AAPL Option Strategy: [private_monthly]iron condor[/private_monthly] Price at trade post: $95.76 Reasoning: With the earnings announcement and ex dividend date out of they way, I’m expecting some stability in AAPL for a while. The Greeks for this [private_monthly]iron condor [/private_monthly]on AAPL are: 0.2 delta, 2.0 theta, and -2.8 vega. The […]
Stock / Symbol: SPDR S&P 500 ETF / SPY; Option Strategy: iron condor; Trade entry date / price: 14 Dec / $202.15 Price at this post: $205.75; Reasoning: With the trade at 70% of its profit potential, I’m putting in a GTC closing order to capture the gain and take off the risk. This trade’s […]
Stock / Symbol: SPDR Dow Jones Industrial Average ETF / DIA; Option Strategy: iron condor; Trade entry date / price: 14 Eec / $172.85:\; Price at trade exit: $175.40; Reasoning: With this trade reaching 70% of it’s profit potential, closing it out now to book the win and take the risk off. Current greeks are: […]
Stock / Symbol: Light Sweet Crude Oil Futures, Jan 2016 / CLF16 (/CLF6 in Think or Swim); Option Strategy: iron condor; Trade entry date / price: 2 Dec / $40.40 Price at trade exit: $35.92; Action: Closing out the trade this morning. There is very little risk of the call ending up ITM when the […]
Stock / Symbol: SPDR S&P 500 ETF / SPY; Option Strategy: [private_monthly] iron condor[/private_monthly]; Price at trade post: $202.15; Reasoning: Putting on an[private_monthly] Iron Condor[/private_monthly] on SPY with January expiring options, with less risk to the upside. This trade currently has a delta of 2.2, a positive theta of 1.4 and a negative vega of […]